Paper money
Britain and banking: Back to the 1830s
Unparalleled levels of imprudent lending; corrupt banking practices; soaring inflation and rising unemployment; government bank bailouts and an economy dependent on increasing levels of debt to sustain growth. Sound familiar? It would have done to Briton’s in the 1830s.
By Lee Williams | Econoblog, Notebook, Opinion | Thursday, 12 July 2012 at 9:58 am
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